Monday, August 30, 2010

Increase in Mortgage Fraud Leads to Rise in Mortgage Hiring - Finance Career Management, Finance Career News - fins.com

Increase in Mortgage Fraud Leads to Rise in Mortgage Hiring - Finance Career Management, Finance Career News - fins.com: "One man's fraudulent mortgage loan is another man's job opportunity. Amid reports of the rising incidence of mortgage fraud -- the Wall Street Journal recently reported a 17% spike in mortgage fraud cases last year -- there is a growing need for finance professionals to help wronged homeowners identify fraudulent activity in their loan origination process, and to train government agents and lawyers detect and prosecute mortgage crimes.

Citing a shortage of professionals with extensive knowledge of the mortgage industry and courtroom proceedings, industry experts point to an increase in demand for loan underwriters, appraisal experts and financial investigators to wade through the field of contentious mortgage transactions.

'We have new projects coming up on a daily basis lately,' said Curt Novy, CEO of Corporate Mortgage Advisors, a San Diego, Calif.-based consulting firm specializing in mortgage"

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